Sun, Feb 26, 2017
Revenues Increase Over Seven Percent Compared To 2015
The Air Ambulance division of German Special Mission Operator FAI rent-a-jet AG has reported record operational and financial results in 2016, achieving revenues of more than €45m (approx. $47.3 million) for the first time in the company’s history.
The division’s revenues for 2016 mark an increase of over 7% compared with 2015. For the first time the business generated more than 10,000 combined flying hours across its now 11-strong fleet of dedicated air ambulance jet aircraft. The fleet based at FAI’s Headquarters at Albrecht Dürer International Airport in Nuremberg is supported by some 190 full time staff plus 50 part-time physicians and paramedics. FAI is the world’s largest fixed wing air ambulance operator in terms of revenue.
In January, FAI added two aircraft to the dedicated air ambulance fleet – a Learjet 60 and a Challenger 604 to boost the total number of aircraft operated in this division to 11 - seven Learjet 55/60 and four Challenger 604s.
In 2016, FAI´s air ambulance fleet successfully performed 892 missions and airlifted more than 1,000 patients from 329 destinations in 123 countries. In total, the company transported patients across 2,540,436 nm, a distance equivalent to circumnavigating the globe more than 117 times.
“Despite the negative effect the oil and gas crisis in the Middle East has had on the growth of FAI´s Air Ambulance Business, we achieved a very successful 2016,” commented FAI Chairman, Siegfried Axtmann, who acknowledged at the recent Corporate Jet Investor Conference in London that the business expects to grow a further 10% in 2017 – and it will be adding additional aircraft.
All FAI’s aircraft are fully ICU equipped, dedicated air ambulance aircraft. FAI currently averages two intercontinental medical evacuations per day for its global client base and specialises in air support in hostile areas for the world´s largest NGO.
(Image provided with FAI news release)
More News
Mid-Continent Instruments and Avionics and True Blue Power Have 50 Amps For You At NBAA 2024 Booth #2331 True Blue Power Unveils 50 Amp-hour Lithium-ion, Main Ship Battery New Gen5>[...]
Tactical Air Navigation (TACAN) An ultra-high frequency electronic rho-theta air navigation aid which provides suitably equipped aircraft a continuous indication of bearing and dis>[...]
"In August we wrote a bipartisan letter supporting more @SpaceX launches at Vandenberg, citing benefits to national security, broadband connectivity, and wildfire response. Yet the>[...]
“A core principle of Inversion is maintaining an open, transparent relationship with regulators. From day one, Ray was designed to meet or exceed all regulatory requirements,>[...]
Also: More Supply Chain Scrutiny, 3rd Annual DPE Symposium, Microsoft Flight Sim, Air Canada Pilots Ratify It was one of the most stunning sites in all of aerospace... the capture >[...]